{"id":20271,"date":"2022-08-08T11:20:49","date_gmt":"2022-08-08T03:20:49","guid":{"rendered":"https:\/\/corp.pchome.tw\/en\/?p=20271"},"modified":"2022-08-09T11:33:00","modified_gmt":"2022-08-09T03:33:00","slug":"pchome-online-announced-appointment-of-new-ceo-and-strategic-investment-in-mamilove-and-reported-second-quarter-2022-results","status":"publish","type":"post","link":"https:\/\/corp.pchome.tw\/en\/pchome-online-announced-appointment-of-new-ceo-and-strategic-investment-in-mamilove-and-reported-second-quarter-2022-results\/","title":{"rendered":"PChome Online Announced Appointment of New CEO and Strategic Investment in MamiLove, and Reported Second Quarter 2022 Results"},"content":{"rendered":"\t\t
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Taipei, Aug 8st, 2022<\/strong> \u2013 PChome Online announced to appoint Alice Chang, the founder of MamiLove as the new CEO of PChome group, and invest NT$226 million to acquire 40% shareholdings of UPN information Co. Ltd., the holding company of MamiLove. MamiLove is the largest baby & kids vertical e-commerce in Taiwan with almost 900k members, 92% female between 25-50 year-old. MamiLove has rich product listings from more than one thousand global non-3C brands. This strategic investment will not only advance PChome Non-3C merchandising capability, but also broaden PChome\u2019s user profile diversity by leveraging MamiLove\u2019s strengths in niche marketing management and community marketing strategy.<\/p>\n

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Alice Chang has a broad and unique experience from both the e-commerce business management and strong technical skills as an entrepreneur and ex-google partner technology manager. In 2012, Alice moved back to Taiwan and founded MamiLove, which originated from her own needs as a parent. MamiLove is a customer-centric community that empowers moms and families. Alice\u2019s mission is to build a great software company in Taiwan, and the company builds great products and services that users love.<\/p>\n

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Says Mr. Jan, chairman of PChome, \u201cwe are very pleased to welcome Alice as the new CEO of PChome, her entrepreneurship and diversified experiences will lead to transforming PChome, starting a new era of the group. We will embark on a journey together to bring new cultures and momentum into the company, establishing PChome as the brand that all customers can trust, with the best and most sincere service.\u201d<\/p>\n

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More About Alice Yu-Shan Chang :<\/strong><\/p>\n

Alice grew up in Taiwan, and moved to the States for education and work for 10 years. After backpacking across South America, India, and Nepal, Alice realized that the greatest adventure of life is not globetrotting nor starting a business but becoming a mother. Alice moved back to Taiwan in 2012 and founded her own company, MamiLove. Before founding MamiLove, Alice was Partner Technology Manager at Google Mountain View. During her 4-year journey at Google, she was responsible for launching first-generation Chromebook, launching YouTube content ID to enable monetization of copyrighted videos, and developing the business intelligence tools to guide the local listing acquisition strategy for Google Maps. She received the Operating Committee award by executives. Alice received her master\u2019s degrees of Computer Science, and Management Science from Stanford University and holds a BS in Computer Science from University of University of Illinois Urbana-Champaign.<\/p>\n

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More About MamiLove:<\/strong> https:\/\/mamilove.com.tw\/<\/p>\n

MamiLove is the largest vertical e-commerce for moms and families in Taiwan with almost 900k members, 92% female between 25-50 year-old, and has rich product listings from more than one thousand global non-3C brands. MamiLove aims to become the most trusted e[1]commerce community for moms and families. Data-driven and customer-centric are the core values of the company.<\/p>\n

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PChome Online announced financial results for the second quarter ended June 30st, 2022 today. We provided consolidated financial statements and standalone financial statements as follows. The consolidated financial statements reflect performance across all BUs, including B2C, Marketplace, Fintech, and Others. The standalone financial statements reflect a clearer picture of the B2C business.<\/p>\n

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Second Quarter 2022 Consolidated Financial Highlights:<\/strong><\/p>\n